Investors should continue to hold bonds within their portfolio to offset the risks of the share market but reconsider the types of bonds they hold ahead of the expected global economic downturn, according to a US based investment firm.

Payden & Rygel portfolio manager Eric Souders said bonds still held a place within an investment portfolio as they offered returns on a risk adjusted basis alongside riskier share allocations but the traditional 60/40 shares to bonds allocation should be adjusted to include more multi-asset strategies.

Read the article on smsftrusteenews.com.au

Eric Souders

Eric Souders is a Director and Lead Strategist on the global unconstrained fixed income team with a focus on absolute return and multi-asset credit solutions. In this capacity he is responsible for oversight of idea generation, strategy implementation and risk management. Souders is also a senior member of the ESG Committee.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.